Phil Yeates joins Investcorp
NEW YORK, January 9, 2018
Investcorp, a leading global provider and manager of alternative investments, today announces the appointment of Phil Yeates as Managing Director to head its European Credit Funds business, a newly created business vertical for Investcorp Credit Management (ICM). Phil will be based in London and will oversee the structuring and fundraising for closed ended credit funds and separately managed accounts in Europe. Phil will report to Jeremy Ghose, Head of Investcorp Credit Management, the firm’s global credit investment business.
Phil joins ICM following 24 years at Rothschild & Co, where he was instrumental in establishing and developing the Global Credit Management business. He brings with him over three decades’ experience in debt capital markets having started his career in Corporate Debt at Hill Samuel Merchant Bank and NatWest Markets.
Commenting on the appointment, Jeremy Ghose, Head of Investcorp Credit Management, said: “We are delighted to welcome Phil Yeates to the team, who has extensive market experience and a strong track record. Since our business was acquired by Investcorp in March, 2017, ICM has continued to show stability and growth as a well-established, diverse global alternative credit manager. We look forward to expanding our platform and product offering, creating new opportunities for our investors as part of Investcorp’s long-term growth strategy.”
About Investcorp Credit Management
Investcorp Credit Management is a leading global credit investment platform with assets under management of over $11 billion. ICM manages funds which invest primarily in senior secured corporate debt issued by mid and large-cap corporates in Western Europe and the US. The business has a strong track record of consistent performance and growth, employing approximately 50 people in London, New York and Singapore.
Investcorp is a leading global provider and manager of alternative investments, offering such investments to its high-net-worth private and institutional clients on a global basis. Led by a new vision, Investcorp has embarked on an ambitious, albeit prudent, growth strategy. The Firm continues to focus on generating investor and shareholder value through a disciplined investment approach in four lines of business: corporate investment, real estate, alternative investment solutions and credit management.